Cheap Apartments for Rent in Okaloosa County, FL from $400 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Okaloosa County.

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Hillcrest
$815 - $1,710
Total Monthly Price

Total Monthly Price

Base Rent
$517 - $1,412
Required Monthly Fees
$298

Total Monthly Price
$815 - $1,710
Studio to 2 Bedroom Apartments Available Now

Hillcrest

200 Hospital DrCrestview, FL 32539
Affordability
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Falcon House
$877 - $1,862
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,830
Required Monthly Fees
$32

Total Monthly Price
$877 - $1,862
Studio to 3 Bedroom Apartments Available Now

Falcon House

645 James Lee RdFort Walton Beach, FL 32547
Affordability
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property at 532 Brock Ave

$1,000

2 Bedroom Rentals

Available Now

532 Brock Ave

CrestviewFL32539

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Spring Creek Apartments
Rent Specials
$1,075 - $1,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,710
Required Monthly Fees
$10

Total Monthly Price
$1,075 - $1,720
1 to 3 Bedroom Apartments Available Now

Spring Creek Apartments

800 Spring Creek BlvdCrestview, FL 32536
Family Friendly
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548
property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
  • Utilities Included
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Miramar Apartments
2 to 3 Bedroom Apartments

Miramar Apartments

1005 Martin Luther King Jr AveCrestview, FL 32536
  • Utilities Included
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Twin Oaks
2 Bedroom Apartments

Twin Oaks

140 Banner CtCrestview, FL 32539
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Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
  • Utilities Included
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Inntown Apartments
1 to 2 Bedroom Apartments

Inntown Apartments

795 N Wilson StCrestview, FL 32536

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Teresa Village
1 to 3 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
  • Utilities Included
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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
  • Utilities Included
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Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
  • Utilities Included
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Holly Sands
Studio to 3 Bedroom Apartments

Holly Sands

5 Sandalwood DrFort Walton Beach, FL 32548
  • Utilities Included
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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
  • Utilities Included
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Oak Tree Park Apartments
1 to 2 Bedroom Apartments

Oak Tree Park Apartments

330 Clifford StFort Walton Beach, FL 32547
  • Utilities Included
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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Princeton Grove in the Shoal River Ranch neighborhood priced from $412. Hillcrest in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Grove1/1 Bedroom1BR,1BA$412
HillcrestStudio 1 BathStudio,1BA$815
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1,006
Holly SandsOne Bedroom One Bath Apartment1BR,1BA$1,055
Bel Aire TerraceThe Venice1BR,1BA$1,073
Pinnacle Pointe ApartmentsFuji1BR,1BA$1,100
Pine Ridge Apartments at Shalimar1x11BR,1BA$1,150
Riverwood Apartment HomesLaurel1BR,1BA$1,199
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200

Best Value Apartments for Rent in Okaloosa County, FL

As of February 28, 2026 the best value apartment in the Okaloosa County area is the $1.16 price per square foot 3 bedroom Model at Keystone Townhomes in the in the Shoal River Ranch neighborhood starting from $1,800. The second greatest value Okaloosa County apartment is the 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments starting at $1,200 with a $0.92 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Spring Creek ApartmentsB12BR,2BA$1.25
Retreat at Redstone1x11BR,1BA$1.25
The CordeliaB1.1.5T2BR,1.5BA$1.32
Heather GlennTwo Bedroom Two Bath2BR,2BA$1.17
Bradford Place ApartmentsMain2BR,2BA$1.29
Princeton Grove2/2 Bedroom2BR,2BA$1.17

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is a cheap apartment in Okaloosa County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okaloosa County is under $1,200.

What is the price of a cheap apartment in Okaloosa County?

The cheapest apartment in Okaloosa County is Princeton Grove which is listed at $412, while the average apartment in Okaloosa County costs $22,307.

What types of apartments are the cheapest in Okaloosa County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Okaloosa County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Okaloosa County?

Cheap apartments in Okaloosa County have an average cost of $160 which is $22,147 cheaper than the average rent for all rentals in Okaloosa County.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Renting with Roommates: Realistic Expectations for Shared Lease

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.